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Insights and Stories on Brazil Soybeans

manitoba soybeans
Crops Markets

USDA Brazil attaché cuts soybean projections for 2023/24

With Brazil having faced opposing weather extremes, there’s little surprise the United States Department of Agriculture attaché cut their soybean production estimate for 2023/24. The Brasilia desk reduced its call from a record 162 million tonnes to 158.5 million in its latest report.